EX.IO and Payment Asia sign MoU 10 April 2026Hong Kong Reporter: Matthew Challis
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EX.IO, a licensed digital asset trading platform, has signed a memorandum of understanding (MoU) with Payment Asia, which aims to explore and expand payment, custody, trading, and application scenarios for regulated stablecoins in Hong Kong.
The firms intend to build infrastructure designed for regulated stablecoin issuers in the region, in a bid to enable the adoption and growth of the digital currency, aiming to improve Hong Kong’s position in the digital asset industry.
When licensed stablecoins become available to trade on EX.IO’s platform, it will support Payment Asia in offering custody services for holders in Hong Kong.
The companies have also outlined their intentions to explore convenient trading between licensed stablecoins and fiat currencies, in addition to integrating relevant compliance arrangements.
Speaking on the joint venture, Chen Wu, CEO and co-founder of EX.IO, says: “This ongoing effort will further reinforce the city's position as a preeminent international hub for digital assets.”
Paul Tang, chief operating officer of Payment Asia, adds: “By combining EX.IO's compliance strengths in the digital asset space with our deep experience in payment acquiring, we are confident in creating a closed-loop stablecoin infrastructure from trading to payment for the Hong Kong market, enabling the real economy to more effectively access the opportunities of the digital asset era.”
Both EX.IO and Payment Asia have welcomed the recent stablecoin issuer licences granted by the Hong Kong Monetary Authority, including the one given to Anchorpoint.
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